DE MARTINEZ, M.

Operated by HILCORP ENERGY COMPANY (P-5 386310) in the J. C. MARTIN (LOBO) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 69227District 04Field 44957500NGPA filingCondensateGasSaveExport
Value, all time
$3.7 M
Jan 1993 – May 2026
Value, last 12 filed months
$440 k
at the published price for each month
Months reported
401
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 207 leases and 207 wells, and the rule below applies to all of them.

Discovered
1977-03-01
as the register files it
Field class
Gas
the register's own label
Between wells
0 ft
minimum
From a lease line
467 ft
minimum

A drilling unit in this field needs at least 40 acres. The field rule took effect on 2008-11-12.

The Commission's schedule remark for this field reads: ALLOCATION FORMULA TO REMAIN SUSPENDED.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition31 bbl$2,455
GasProduction1,359,975 Mcf$3,667,825
Total$3,670,279

326,961 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 27.1043, -99.3074. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

27.10431, -99.30738 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
10,400 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 10,400 ft.

Completions filed
Jun 1996
1 of 1 wells

1 well

42-50530497210,400 ftJun 1996

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (401)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

401 months

May 202608,805106.413.05$26,819
Apr 202608,61398.932.87$24,717
Mar 202609,01489.753.15$28,389
Feb 202607,64063.503.75$28,652
Jan 202609,38259.138.00$75,036
Dec 202509,97456.664.41$44,019
Nov 202509,83358.593.93$38,609
Oct 2025011,02459.383.30$36,433
Sep 2025011,93762.743.08$36,729
Aug 2025010,66863.933.01$32,161
Jul 2025011,67066.743.32$38,688
Jun 202509,38266.483.13$29,354
May 2025016,47860.553.23$53,262
Apr 2025020,93962.363.54$74,189
Mar 2025026,01567.704.27$111,040
Feb 2025029,66970.884.34$128,788
Jan 202505,36374.324.28$22,947
Dec 202405,84568.993.12$18,244
Nov 202406,25469.052.20$13,749
Oct 202407,06771.372.28$16,123
Sep 202406,02469.612.36$14,243
Aug 202406,34975.632.06$13,102
Jul 202406,27279.932.15$13,463
Jun 202406,16678.082.63$16,241
May 202406,48378.812.20$14,252
Apr 202406,49984.451.66$10,783
Mar 202406,62080.301.55$10,229
Feb 202406,13676.091.78$10,944
Jan 202406,73173.023.30$22,197
Dec 202306,85471.262.61$17,894
Nov 202306,48777.892.81$18,213
Oct 202306,59285.443.09$20,351
Sep 202306,64889.042.74$18,183
Aug 202307,06880.522.67$18,892
Jul 202307,04574.852.64$18,611
Jun 202307,11368.962.26$16,065
May 202307,52570.622.23$16,761
Apr 202307,39978.122.24$16,557
Mar 202307,80672.852.39$18,681
Feb 202307,20175.112.47$17,755
Jan 202307,23376.533.39$24,503
Dec 202207,78176.415.73$44,578
Nov 202207,81085.005.65$44,097
Oct 202208,47387.185.86$49,684
Sep 202208,22784.888.16$67,163
Aug 202208,68994.529.13$79,306
Jul 202208,908101.587.54$67,185
Jun 202209,023115.097.98$71,978
May 202209,659109.378.43$81,455
Apr 2022010,034104.226.84$68,608
Mar 2022011,497108.885.08$58,363
Feb 202208,96891.054.86$43,574
Jan 2022010,63881.844.54$48,272
Dec 2021011,36771.323.90$44,321
Nov 2021010,92677.435.24$57,218
Oct 2021011,29079.795.71$64,510
Sep 2021011,05869.865.35$59,170
Aug 2021012,16066.024.22$51,322
Jul 2021013,51970.783.98$53,834
Jun 2021015,66569.493.38$52,957
May 2021021,28763.483.02$64,237
Apr 2021024,54860.362.76$67,714
Mar 202105,07561.302.72$13,788
Feb 202105,17157.805.55$28,688
Jan 202105,29550.412.81$14,880
Dec 202005,45144.642.68$14,584
Nov 202005,72238.772.71$15,487
Oct 202006,16536.972.48$15,280
Sep 202005,81137.091.99$11,570
Aug 202006,56339.982.39$15,653
Jul 202006,29538.371.83$11,489
Jun 202006,77634.901.69$11,454
May 202006,74416.921.81$12,239
Apr 202007,28814.751.80$13,150
Mar 202008,16130.341.86$15,149
Feb 202007,70849.881.98$15,267
Jan 202008,14757.252.09$17,066
Dec 201909,09559.012.30$20,958
Nov 201909,23955.302.75$25,414
Oct 2019010,23853.472.42$24,761
Sep 2019010,18855.052.66$27,072
Aug 2019012,08153.112.30$27,839
Jul 2019014,42956.272.46$35,496
Jun 2019016,18152.782.49$40,310
May 2019020,79258.482.74$56,977
Apr 2019030,13962.632.75$82,903
Mar 2019032,07156.803.06$98,205
Feb 2019047,65750.852.79$133,069
Jan 2019059,10346.033.23$190,795
Dec 201803,35646.594.19$14,046
Nov 20180052.934.24$0
Oct 20180061.443.40$0
Sep 20180059.543.11$0
Aug 20180059.403.07$0
Jul 20180065.142.93$0
Jun 20180060.183.08$0
May 20180065.382.90$0
Apr 20180063.842.90$0
Mar 20180061.222.79$0
Feb 20180061.782.77$0
Jan 20180062.874.01$0
Dec 20170057.272.92$0
Nov 20170055.423.12$0
Oct 20170049.292.98$0
Sep 20170047.523.09$0
Aug 20170045.373.00$0
Jul 20170043.873.09$0
Jun 20170042.493.09$0
May 20170045.373.26$0
Apr 20170047.933.21$0
Mar 20170046.772.98$0
Feb 20170050.452.95$0
Jan 20170049.413.42$0
Dec 20160048.763.72$0
Nov 20160042.492.64$0
Oct 20160046.193.09$0
Sep 20160041.553.10$0
Aug 20160041.442.92$0
Jul 20160041.622.92$0
Jun 20160045.352.69$0
May 20160042.521.99$0
Apr 20160036.561.99$0
Mar 20160033.011.79$0
Feb 20160026.472.06$0
Jan 20160027.352.36$0
Dec 20150032.362.00$0
Nov 20150038.792.17$0
Oct 20150043.552.43$0
Sep 20150042.992.76$0
Aug 20150040.162.87$0
Jul 20150048.152.95$0
Jun 20150056.152.88$0
May 20150055.212.96$0
Apr 20150049.822.71$0
Mar 20150042.892.93$0
Feb 20150044.662.98$0
Jan 20150043.433.10$0
Dec 20140054.693.59$0
Nov 20140070.464.25$0
Oct 20140078.303.90$0
Sep 20140086.164.05$0
Aug 20140089.394.04$0
Jul 20140096.564.18$0
Jun 20140098.164.74$0
May 20140094.734.73$0
Apr 20140095.944.81$0
Mar 20140095.895.06$0
Feb 20140097.406.19$0
Jan 20140090.404.86$0
Dec 20130091.824.35$0
Nov 20130088.853.74$0
Oct 20130097.423.78$0
Sep 201300104.113.72$0
Aug 201300104.253.52$0
Jul 201300102.523.72$0
Jun 20130094.403.93$0
May 20130094.834.15$0
Apr 20130093.964.28$0
Mar 20130093.623.91$0
Feb 20130091.233.42$0
Jan 20130091.603.42$0
Dec 20120086.773.42$0
Nov 20120386.953.62$11
Oct 20120489.383.40$14
Sep 20120794.672.92$20
Aug 201201992.662.91$55
Jul 20120385.133.02$9
Jun 20120479.822.52$10
May 20120191.612.49$2
Apr 201206101.652.00$12
Mar 201207105.052.22$16
Feb 2012012101.102.57$31
Jan 201202398.092.73$63
Dec 201103796.873.24$120
Nov 201103195.723.31$103
Oct 201101784.983.65$62
Sep 201105283.623.99$207
Aug 20110083.404.15$0
Jul 20110094.144.52$0
Jun 201131392.904.64$339
May 201153298.134.40$632
Apr 2011554105.964.33$764
Mar 201101996.364.06$77
Feb 201101085.644.18$42
Jan 20110486.504.59$18
Dec 201002285.734.35$96
Nov 201012080.843.80$157
Oct 201001178.103.51$39
Sep 20100672.633.98$24
Aug 201002473.684.42$106
Jul 20100672.554.74$28
Jun 201001070.364.91$49
May 201003771.124.24$157
Apr 201003381.694.12$136
Mar 201006078.394.39$263
Feb 201004273.585.44$229
Jan 201005474.365.96$322
Dec 200906471.445.48$351
Nov 200904174.593.75$154
Oct 20090072.544.11$0
Sep 20090065.543.06$0
Aug 20090067.423.22$0
Jul 20090061.133.46$0
Jun 20090066.163.90$0
May 20090054.743.93$0
Apr 20090046.773.59$0
Mar 200904642.144.06$187
Feb 200905132.814.63$236
Jan 200905735.865.37$306
Dec 200804037.105.98$239
Nov 200802955.496.86$199
Oct 200804575.246.92$311
Sep 2008032101.767.88$252
Aug 2008057114.228.48$484
Jul 2008054131.0811.39$615
Jun 2008032131.3313.03$417
May 2008045123.1711.57$521
Apr 2008044110.3110.45$460
Mar 2008067101.909.66$647
Feb 2008011392.538.77$991
Jan 200821590.388.21$304
Dec 200707588.337.30$548
Nov 200708791.677.29$634
Oct 200706582.856.92$450
Sep 2007011775.846.24$731
Aug 200707769.066.39$492
Jul 2007010670.906.39$677
Jun 2007010562.007.55$793
May 2007011658.747.85$910
Apr 2007811059.617.81$1,335
Mar 2007010356.927.30$752
Feb 200707055.108.22$575
Jan 200708750.306.73$585
Dec 200637856.656.92$710
Nov 200605854.207.62$442
Oct 200627954.906.01$585
Sep 200607660.085.04$383
Aug 200627268.717.34$666
Jul 2006027569.376.34$1,744
Jun 2006022566.286.38$1,436
May 2006037066.016.42$2,377
Apr 2006033464.397.36$2,458
Mar 2006015656.707.08$1,105
Feb 2006020257.597.75$1,566
Jan 2006022460.598.93$2,001
Dec 2005020054.9413.42$2,683
Nov 2005020454.6910.59$2,160
Oct 2005011958.3413.80$1,642
Sep 2005016461.4512.08$1,981
Aug 2005021861.519.80$2,136
Jul 2005026055.697.84$2,039
Jun 2005032952.337.38$2,428
May 2005035245.226.65$2,341
Apr 2005034449.207.36$2,532
Mar 2005029150.377.15$2,082
Feb 2005033945.226.31$2,140
Jan 2005035643.166.32$2,251
Dec 2004041139.866.75$2,775
Nov 2004043245.286.33$2,735
Oct 2004049449.706.52$3,218
Sep 2004050943.245.28$2,690
Aug 2004052042.375.55$2,886
Jul 2004053338.286.08$3,243
Jun 2004045336.106.43$2,914
May 2004053837.486.49$3,494
Apr 2004046334.475.86$2,712
Mar 2004048634.365.53$2,688
Feb 2004039232.455.51$2,160
Jan 2004031532.036.30$1,984
Dec 2003012930.266.30$813
Nov 200305528.804.60$253
Oct 200306928.174.76$328
Sep 2003022226.314.75$1,054
Aug 200306529.765.13$333
Jul 200305929.415.17$305
Jun 200303928.565.98$233
May 2003016726.595.97$997
Apr 2003010826.675.41$584
Mar 200309531.146.10$579
Feb 2003043433.487.93$3,440
Jan 2003016530.315.58$921
Dec 2002054626.914.85$2,650
Nov 2002047524.664.14$1,965
Oct 2002064026.464.23$2,707
Sep 2002065327.443.64$2,374
Aug 2002064325.963.16$2,035
Jul 2002062924.583.06$1,926
Jun 2002059523.733.34$1,986
May 2002061024.663.58$2,186
Apr 2002061423.653.51$2,157
Mar 2002062622.003.10$1,942
Feb 2002052718.222.38$1,252
Jan 2002068617.172.38$1,630
Dec 2001062916.932.36$1,487
Nov 2001063518.072.41$1,528
Oct 2001074819.782.53$1,892
Sep 2001063924.262.25$1,439
Aug 2001061924.873.05$1,890
Jul 2001061723.933.20$1,973
Jun 2001059024.563.82$2,256
May 2001055625.524.31$2,395
Apr 2001051924.685.34$2,769
Mar 2001047124.545.38$2,532
Feb 2001056127.755.77$3,235
Jan 2001057427.478.40$4,821
Dec 2000044326.889.12$4,041
Nov 2000045332.215.66$2,563
Oct 2000048731.235.15$2,506
Sep 2000049131.875.19$2,547
Aug 2000046129.644.54$2,093
Jul 2000053328.534.09$2,180
Jun 2000054629.304.40$2,401
May 2000054327.263.68$1,998
Apr 2000055024.513.12$1,714
Mar 2000061828.422.86$1,767
Feb 2000067627.622.73$1,843
Jan 2000079925.272.48$1,982
Dec 199901,05424.282.42$2,555
Nov 199901,18323.192.43$2,879
Oct 19990020.982.80$0
Sep 19990021.752.62$0
Aug 19990019.262.88$0
Jul 19990017.892.37$0
Jun 19990015.942.36$0
May 19990015.792.32$0
Apr 19990015.102.21$0
Mar 19990012.471.84$0
Feb 1999009.981.82$0
Jan 19990010.381.90$0
Dec 1998009.201.77$0
Nov 19980010.892.19$0
Oct 19980012.421.97$0
Sep 19980012.592.08$0
Aug 19980011.301.91$0
Jul 19980011.742.24$0
Jun 19980011.242.24$0
May 19980012.622.21$0
Apr 19980013.042.51$0
Mar 19980012.802.31$0
Feb 19980013.952.30$0
Jan 19980014.702.15$0
Dec 19970016.322.41$0
Nov 19970018.193.09$0
Oct 19970019.253.15$0
Sep 19970017.742.95$0
Aug 199702417.862.55$61
Jul 1997020817.582.25$467
Jun 1997058817.242.26$1,327
May 1997056918.972.31$1,314
Apr 1997070417.882.08$1,466
Mar 1997086418.951.94$1,675
Feb 1997055620.492.21$1,226
Jan 1997086023.483.54$3,044
Dec 199601,19023.32$0
Nov 199601,99121.97$0
Oct 199602,63423.31$0
Sep 199603,29822.22$0
Aug 199603,69020.26$0
Jul 199606,58519.55$0
Jun 199607,01818.73$0
May 199603,07419.43$0
Apr 199606,55321.51$0
Mar 199607,20519.38$0
Feb 199606,33616.98$0
Jan 199606,61017.07$0
Dec 199507,17917.19$0
Nov 199507,78316.00$0
Oct 199507,18215.43$0
Sep 199507,19716.18$0
Aug 199507,80615.92$0
Jul 199507,23415.24$0
Jun 199507,41016.41$0
May 199507,28217.56$0
Apr 199507,36417.73$0
Mar 199507,89216.44$0
Feb 199508,13516.58$0
Jan 199506,15915.92$0
Dec 199407,87215.03$0
Nov 199407,77515.90$0
Oct 199408,13415.58$0
Sep 199407,43915.29$0
Aug 199408,03216.13$0
Jul 199407,27817.56$0
Jun 199407,57817.09$0
May 199408,07715.88$0
Apr 199408,89514.14$0
Mar 199406,80812.46$0
Feb 199406,02912.50$0
Jan 199407,01612.66$0
Dec 199308,52512.33$0
Nov 199306,63014.49$0
Oct 199308,03815.85$0
Sep 199306,15315.03$0
Aug 199308,90815.66$0
Jul 199307,24915.46$0
Jun 199308,20316.79$0
May 199308,51717.68$0
Apr 199307,91318.05$0
Mar 199308,46618.14$0
Feb 199305,56217.90$0
Jan 199307,05716.93$0

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             0 bbl  × $106.41 =         $0
Gas                8,805 Mcf  × $  3.05 =    $26,819

────────────────────────────────────────────────────
Month total                                  $26,819

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 04/G/69227 is the state's own key, not one this site invented.